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§ 103.109. Foreign Associations--Establishment of Principal Office.

10 CA ADC § 103.109Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 10. Investment
Chapter 2. Savings and Loan Commissioner (Refs & Annos)
Subchapter 3. Applications and Hearings
Article 1. Applications and Hearings: New Facilities, Branches, Changes of Location, Agencies, Conversions from a Federal to State Association, Changes of Name and Amendments of Articles of Incorporation
10 CCR § 103.109
§ 103.109. Foreign Associations--Establishment of Principal Office.
(a) The procedure to be followed by a foreign association licensed to transact a savings and loan business in the State of California as of September 15, 1935, which has ceased to do business within the State of California subsequent to September 1, 1935, shall be as follows:
(1) Such foreign association shall comply with all of the provisions of Sections 5800 through 5814 of the law prior to opening or reopening its office in California.
(2) Such foreign association shall file an application for its office in California as if it were a domestic association filing an application for a branch office pursuant to the provisions of Chapter 5, Part I, of the law, commencing at Section 6000 and Subchapter 3, Article 1, Chapter 2, Title 10, of the California Administrative Code.

Credits

Note: Authority cited: Section 5255, Financial Code. Reference: Sections 5800-5814 and 6000-6010, Financial Code.
History
1. Change without regulatory effect renumbering former Section 145.9 to Section 103.109 (Register 87, No. 14). For prior history, see Register 82, No. 16.
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 10, § 103.109, 10 CA ADC § 103.109
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